Zhejiang Sanmei Chemical IndustryLtd Past Earnings Performance
Past criteria checks 3/6
Zhejiang Sanmei Chemical IndustryLtd's earnings have been declining at an average annual rate of -16.9%, while the Chemicals industry saw earnings growing at 8.5% annually. Revenues have been growing at an average rate of 1% per year. Zhejiang Sanmei Chemical IndustryLtd's return on equity is 6.8%, and it has net margins of 11.8%.
Key information
-16.9%
Earnings growth rate
-19.6%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 1.0% |
| Return on equity | 6.8% |
| Net Margin | 11.8% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses BreakdownBeta
How Zhejiang Sanmei Chemical IndustryLtd makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 3,515 | 414 | 223 | 60 |
| 31 Dec 23 | 3,334 | 280 | 218 | 53 |
| 30 Sep 23 | 3,611 | 262 | 193 | 44 |
| 30 Jun 23 | 3,938 | 271 | 211 | 40 |
| 31 Mar 23 | 4,368 | 313 | 222 | 41 |
| 31 Dec 22 | 4,771 | 486 | 216 | 38 |
| 30 Sep 22 | 5,078 | 755 | 224 | 33 |
| 30 Jun 22 | 4,849 | 739 | 223 | 31 |
| 31 Mar 22 | 4,388 | 666 | 202 | 27 |
| 31 Dec 21 | 4,048 | 536 | 207 | 27 |
| 30 Sep 21 | 3,327 | 252 | 92 | 27 |
| 30 Jun 21 | 3,068 | 191 | 112 | 27 |
| 31 Mar 21 | 2,858 | 185 | 132 | 27 |
| 31 Dec 20 | 2,721 | 222 | 154 | 25 |
| 30 Sep 20 | 2,941 | 245 | 299 | 16 |
| 30 Jun 20 | 3,168 | 389 | 305 | 25 |
| 31 Mar 20 | 3,550 | 529 | 346 | 23 |
| 31 Dec 19 | 3,935 | 646 | 362 | 23 |
| 30 Sep 19 | 4,205 | 855 | 370 | 34 |
| 30 Jun 19 | 4,343 | 931 | 360 | 24 |
| 31 Mar 19 | 4,598 | 1,084 | 357 | 25 |
| 31 Dec 18 | 4,454 | 1,108 | 351 | 24 |
| 31 Dec 17 | 3,899 | 954 | 303 | 22 |
| 31 Dec 16 | 2,700 | 364 | 381 | 12 |
| 31 Dec 15 | 2,281 | 210 | 271 | 4 |
| 31 Dec 14 | 2,136 | 147 | 229 | 0 |
| 31 Dec 13 | 1,907 | 64 | 217 | 0 |
Quality Earnings: 603379 has a high level of non-cash earnings.
Growing Profit Margin: 603379's current net profit margins (11.8%) are higher than last year (7.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603379's earnings have declined by 16.9% per year over the past 5 years.
Accelerating Growth: 603379's earnings growth over the past year (32.4%) exceeds its 5-year average (-16.9% per year).
Earnings vs Industry: 603379 earnings growth over the past year (32.4%) exceeded the Chemicals industry -19.8%.
Return on Equity
High ROE: 603379's Return on Equity (6.8%) is considered low.